Month: September 2026

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Posted in Economy

CEA warns of looming oil and rate pressures in India’s H2, sees Q2 growth at 7.3%

Chief Economic Adviser V Anantha Nageswaran said on Wednesday that the second half of the current fiscal was likely to be challenging as higher oil…

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Posted in Economy

India extends RoDTEP scheme till December 31, keeps export refund rates unchanged

The government on Wednesday extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme till December 31, 2026, providing continued export tax refunds…

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Commerce and industry minister Piyush Goyal arrived in Milwaukee to attend the G20 Trade Ministers’ meeting. (@PiyushGoyal/ X)
Posted in Business

Piyush Goyal pushes for bid to strengthen India-US ties at business roundtable

The India-US economic relationship is moving beyond traditional trade to encompass investment, manufacturing, technology, innovation, resilient supply chains and the creation of high-value capabilities in…

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Posted in Economy

Crisil lifts India FY27 growth forecast to 7% on strong H1 momentum

Domestic rating agency Crisil on Wednesday raised its FY27 GDP growth forecast for India to 7% from 6.6%, citing expectations of strong economic growth in…

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Boeing wins a more than $20 billion US Navy fighter jet contract as BA stock rises 2%. (Photo for representation) (REUTERS)
Posted in Business

Boeing wins $20 billion Navy fighter jet contract as BA stock rises 2%: What it means

Boeing shares jumped 2% on Wednesday after the company won a major US Navy fighter jet contract. The stock move came after the Pentagon selected…

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SatLEO to launch India’s first thermal payload TAPAS-1 aboard SpaceX’s Falcon 9
Posted in Startups

SatLEO to launch India’s first thermal payload TAPAS-1 aboard SpaceX’s Falcon 9

IN-SPACe-incubated spacetech startup SatLeo Labs is set to launch TAPAS-1, its first commercial thermal-imaging payload, aboard SpaceX’s Falcon 9 as part of the Transporter-18 rideshare…

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Posted in Economy

India Inc can weather 50 bps rate hike, El Nino impact: Crisil

Crisil Ratings stated on Wednesday that India Inc will remain unaffected even if the Reserve Bank delivers the widely expected 0.50 percentage point rate hike…

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Posted in Economy

India’s external financial health improves marginally in Q1 FY27 amid global headwinds

Kolkata: India’s external financial health improved marginally at the end of the first quarter of the fiscal amid global headwinds, data from Reserve Bank of…

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Posted in Economy

India’s external debt rises to $778.2 billion in June quarter: RBI

India’s total external debt grew by USD 15.4 billion to reach USD 778.2 billion by the end of the June 2026 quarter compared to the…

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Posted in Economy

Enhanced insurance cover for West Asia exports extended to March 2027

Indian export shipments bound for West Asia will remain eligible for upgraded insurance protection against buyer payment defaults through March 31, 2027, according to an…

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